This article explains some of the background and how the banks lost money on the deal: https://prospect.org/power/griftrix-citrix-systems-debt-deal...
Thanks, I just threw up in my mouth. I see where the French Revolutionaries were coming from.
Citrix acquired and merged with Tibco for $16.5B
21–30 of 191 posts
Re: Citrix acquired and merged with Tibco for $16.5B
#22I just find it fascinating that I can go through my life and see things like this: "[Company I've never heard of] and [Another company I've never heard of], something something, billions and billions of dollars". And these companies and the people who run them probably have a non-trivial impact on my life, if not directly than indirectly. It's just fascinating.
Anyone who has worked in a large company/bank knows who they are.
Re: Citrix acquired and merged with Tibco for $16.5B
#23I just find it fascinating that I can go through my life and see things like this: "[Company I've never heard of] and [Another company I've never heard of], something something, billions and billions of dollars". And these companies and the people who run them probably have a non-trivial impact on my life, if not directly than indirectly. It's just fascinating.
I find it fascinating you went through your life so far without knowing about citrix.
Re: Citrix acquired and merged with Tibco for $16.5B
#24Feels like the beginning of the end for Citrix.
I've deployed their various products since 1999, back in the NT4 Terminal Server edition. I have fond memories of running MS Word on UNIX terminals at university by connecting to Citrix running on NT4 on my home PC. Other students would walk past rows of screens in the computer lab all showing drab black and white fixed-width text editors except for one in the middle with a colourful WYSIWYG Windows application overlaid on top of the standard UNIX applications.
I would always respond to the queries about how this was working with: "Magic."
Now? Three large customers are winding their Citrix deployments down. Feels like working with Novell products in the early 2000s.
Re: Citrix acquired and merged with Tibco for $16.5B
#25I just find it fascinating that I can go through my life and see things like this: "[Company I've never heard of] and [Another company I've never heard of], something something, billions and billions of dollars". And these companies and the people who run them probably have a non-trivial impact on my life, if not directly than indirectly. It's just fascinating.
Anyone who has worked in a large company/bank knows who they are.
Worked at a F500 company.
Never heard of those.
Re: Citrix acquired and merged with Tibco for $16.5B
#26Any old school Amazon-ers here cringing when they hear the name "Tibco"?
Re: Citrix acquired and merged with Tibco for $16.5B
#27I just find it fascinating that I can go through my life and see things like this: "[Company I've never heard of] and [Another company I've never heard of], something something, billions and billions of dollars". And these companies and the people who run them probably have a non-trivial impact on my life, if not directly than indirectly. It's just fascinating.
Citrix are pretty ubiquitous in the corporate space. Not as big a deal as they were ten or 15 years ago, but still a huge company that powers a lot of businesses.
Re: Citrix acquired and merged with Tibco for $16.5B
#28Re: Citrix acquired and merged with Tibco for $16.5B
#29Re: Citrix acquired and merged with Tibco for $16.5B
#30Feels like the beginning of the end for Citrix. I've deployed their various products since 1999, back in the NT4 Terminal Server edition. I have fond memories of running MS Word on UNIX terminals at university by connecting to Citrix running on NT4 on my home PC. Other students would walk past rows of screens in the computer lab all showing drab black and white fixed-width text editors except for one in the middle wi…
Reminds me exactly of the old Netware days and their winddown.